Inflation is really just part of the same coin as the Great Resignation.

When you have a load of folk who can afford not to work, and want to sit back and live off what they accumulated to that point, then the economy experiences a slight “vacuum” in that these people’s work was there, the other molecules of the economy were used to them and the space or volume was available for them.

Nature, and the economy, abhor vacuums. So what happens? Less producers means less “stuff”, to use the terminology of the article, there’s more money than stuff, and so the stuff is the scarce resource and its price goes up.
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